XRP/USD are trading at 0.3692 and continue to move as part of the fall and the downward channel. The capitalization of the Ripple cryptocurrency at the time of the publication of the forecast is $18,966,078,291. Moving averages indicate the presence of a short-term bearish trend for Ripple. Prices have broken through the area between the signal lines down, which indicates pressure from sellers of the asset and a potential continuation of the fall in the XRP rate on the market already from current levels. At the moment, we should expect an attempt to develop a correction of the asset and…
Author: forex24pro
forex24pro
I trade in the foreign exchange market, and also invest in cryptocurrencies. I am 35 years old. Trade experience is 12 years. In trade, I use several unique trading systems, as well as simple tools for technical analysis. I plan to write my own book on trading.
LTC/USD are trading at 74.57 and continue to move as part of the fall and left the bullish channel. The capitalization of the Litecoin cryptocurrency at the time of the publication of the forecast is $5,378,682,624. Moving averages indicate the presence of a short-term bullish trend for Litecoin. Prices are again testing the area between the signal lines, which indicates pressure from buyers of the asset and a potential continuation of growth already from current levels. At the moment, we should expect an attempt to develop a rise in the value of the digital asset and a test of the…
DOGE/USD are trading at the level of 0.0887 and continue to move as part of a bullish correction and a downward channel. Moving averages indicate a short-term bearish trend for Dogecoin. Prices have broken through the area between the moving averages down, which indicates pressure from sellers of the asset and a potential continuation of the fall from current levels. At the moment, we should expect an attempt to develop a correction in the value of the digital asset and a test of the resistance level near the 0.0935 area. Where should we expect a rebound down again and a…
SHIBA INU is trading at the time of the publication of the forecast at 0.00000887, continuing to move within the correction after a strong fall. Moving averages indicate the presence of a short-term bearish trend for the coin. Prices have gone down from the area with signal lines, which indicates pressure from the sellers of the coin and a potential continuation of the fall already from current levels. As part of the SHIB/USD rate forecast, it is worth considering an attempt to develop a bullish correction in the value of a digital asset and a test of the resistance area…
Quotes of United States Steel continue to move within the correction and the bullish channel. The moving averages point to a short-term uptrend for United States Steel. Prices broke down the area between the signal lines, which indicates pressure from sellers of securities and a continuation of the fall from current levels. At the time of publication of the forecast, the value of the shares is 25.82. As part of the forecast, we should expect an attempt to develop a decline and test the support level near the 24.05 area. Further, a rebound and continued rise in the value of…
Tesla continue to move as part of the fall and the downward channel. Moving averages indicate a short-term bearish trend for Tesla. Prices have gone down from the area between the signal lines, which indicates pressure from sellers of securities. At the time of publication of the forecast, the value of the shares is 167.70. As part of the forecast, we should expect an attempt to develop a bullish correction and a test of the resistance level near the area of 185.05. Further, a rebound down and continued decline in the value of the company’s securities. The potential target of…
Apple continue to move as part of the correction and the formation of the “Triangle” model. Moving averages indicate a short-term bearish trend for Apple. Prices broke through the area between the signal lines up, which indicates pressure from buyers of shares and a likely continuation of the growth in the value of securities in the near future. At the time of publication of the forecast, the value of the shares is 144.50. As part of the forecast, we should expect an attempt to develop a downward correction and a test of the support level near the area of 140.05.…
Currency pair Euro Dollar EUR/USD completes the trading week near the area of 1.0564 and continues to move as part of growth and has left the descending channel. Moving averages indicate a bearish trend. Prices are again testing the area between the signal lines, which indicates pressure from sellers of the European currency and a likely continuation of the fall from current levels. At the moment, we should expect an attempt to develop a slight decrease and test the support area near the level of 1.0225. Where is the expected rebound up and continued growth of the Euro Dollar. The…
BRENT complete the trading week near the area of 76.57 dollars per barrel. The asset continues to move within the framework of a strong fall and the formation of a “Wedge” reversal pattern. Moving averages indicate a bearish trend. Prices have broken through the area between the signal lines down, which indicates pressure from sellers of raw materials and a potential continuation of the decline already from current levels. At the moment, we should expect an attempt to develop a correction and test the support area near the level of 70.45. Then, it is worth considering a rebound upwards and…
Currency pair Pound Dollar GBP/USD completes the trading week as part of the development of a strong bullish correction near the area of 1.2238. The pair continues to move within the bullish channel. Moving averages indicate a bearish trend. Prices are again testing the area between the signal lines, which indicates pressure from sellers and a potential continuation of the fall of the British Pound against the US Dollar already from current levels. At this point, we should expect an attempt to develop a correction and test the support area near the level of 1.1845. Further, a rebound upwards and…